A. is obligated to bail out any depository institution in th

A. is obligated to bail out any depository institution in the c… Show more As a “lender of last resort” the Fed A. is obligated to bail out any depository institution in the country that is in financial difficulty. B. bails out any depository institution it has decided should not be allowed to fail. C. protects the deposits of $100,000 or less in all commercial banks in the country. D. bails out any corporation the government has decided should not fail. • Show less